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Victory Park’s Bright Future

Will the real Victory Park please stand up?

For a few (grueling) years now, Victory Park was considered to be the most luxurious and upscale place in Dallas to live, work, shop and relax. But being billed as upscale during a time when no one was buying did nothing but hurt Victory Park. Considered by most to be simply unattainable – from the condo residences to the swanky shops – Victory Park was nearly a disaster.

Fast forward to 2012, however, and it looks like Victory Park has finally gotten in right. The original Victory Park developer, Hillwood, cried uncle in April 2009 and turned over control to the German real estate company, US Treuhand.

Since then, US Treuhand has invested millions into the Victory Park project and according to many Victory Park will take off in 2012. The secret? Making Victory Park more attainable and welcoming to the masses.

Even if Victory Park did suffer from a personality disorder for the first, few years of its life, it looks as if the new developers are making the necessary changes to make sure this stunning Dallas development is enjoyed by the vast majority of Texans – and not only the affluent.

A New Beginning

Victory Park will most certainly take off in 2012. From its exceptional near-downtown location and its close proximity to the beautiful Katy Trail, Victory Park has plenty going for it.

Victory Park is home to the Calatrava Bridges, the Arts District, the Woodall Rodgers Park and the Perot Museum of Nature and Science. It is where professionals, families and visitors alike can spend the day shopping, dining and engaging in the exciting nightlife.

Just a few of the noteworthy restaurants located in Victory Park include: Craft, the Hard Rock Café, the House of Blues, Kenichi, Luna de Noche, Medina, Naga Thai, Neo Pizza and Victory Tavern.

Victory Park is the site of some of the most exciting condo buildings in the city, including the W Dallas Victory Hotel and Residences, the House, the Terrace condominiums and the Vista apartments.

Victory Park will also be home to One Victory Park, a new, 72-acre development of Class AA office space.

This entry was posted
on Tuesday, March 20th, 2012 at 9:03 am and is filed under Market News.
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